ITALTILE LIMITED - Dealings in Securities by Directors and Prescribed Officer

Dealings in Securities by Directors and Prescribed Officer

ITALTILE LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1955/000558/06)
Share code: ITE  ISIN: ZAE000099123
(“Italtile” or “the Company”)


DEALINGS IN SECURITIES BY DIRECTORS AND PRESCRIBED OFFICER


In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:

Name of director:                               Jan Potgieter
Company:                                        Italtile Limited
Date of transaction:                            6 September 2021
Nature of transaction:                          Off market award of shares under the Share Appreciation
                                                Rights Scheme
Class of securities:                            Ordinary shares
Number of securities:                           58 295
Price per security:                             R16.60
Total value:                                    R970 237.40
Extent of director’s interest:                  Direct beneficial
Clearance to deal obtained:                     Yes


Name of director:                               Brandon Wood
Company:                                        Italtile Limited
Date of transaction:                            6 September 2021
Nature of transaction:                          Off market award of shares under the Share Appreciation
                                                Rights Scheme
Class of securities:                            Ordinary shares
Number of securities:                           46 636
Price per security:                             R16.60
Total value:                                    R776 189.92
Extent of director’s interest:                  Direct beneficial
Clearance to deal obtained:                     Yes


Name of director:                               Brandon Wood
Company:                                        Italtile Limited
Date of transaction:                            6 September 2021
Nature of transaction:                          Off market acceptance of Units (with each Unit being linked
                                                to one Italtile ordinary share held by, and registered in the
                                                name of, the Italtile Retention Scheme Trust in terms of the
                                                Italtile Retention Scheme.
Class of underlying securities to which
rights attach:                                  Ordinary shares
Number of units awarded:                        500 000
Unit award price:                               R0.00
Total value of transaction:                     Not applicable
Vesting period:                                 Units will vest on the fifth anniversary of the acceptance of
                                                their award, subject to the achievement of certain
                                                performance criteria over the intervening period, and will, for
                                                no consideration, be replaced with such number of Trust
                                                Shares as are linked to the Units.
Extent of director’s interest:                  Direct beneficial
Clearance to deal obtained:                     Yes


Name of director:                               Brandon Wood
Company:                                        Italtile Limited
Date of transaction:                            7 September 2021
Nature of transaction:                          Off market disposal of shares for no consideration
Class of securities:                            Ordinary shares
Number of securities:                           523 318
Price per security:                             R0.00
Deemed price per security:                      R16.74
Deemed value:                                   R8 760 343.32
Extent of director’s interest:                  Direct beneficial
Clearance to deal obtained:                     Yes


Name of prescribed officer:                     Lance Foxcroft
Company:                                        Italtile Limited
Date of transaction:                            6 September 2021
Nature of transaction:                          Off market acceptance of Units (with each Unit being linked
                                                to one Italtile ordinary share held by, and registered in the
                                                name of, the Italtile Retention Scheme Trust in terms of the
                                                Italtile Retention Scheme
Class of underlying securities to which
rights attach:                                  Ordinary shares
Number of units awarded:                        1 500 000
Unit award price:                               R0.00
Total value of transaction:                     Not applicable
Vesting period:                                 Units will vest on the fifth anniversary of the acceptance of
                                                their award, subject to the achievement of certain
                                                performance criteria over the intervening period, and will, for
                                                no consideration, be replaced with such number of Trust
                                                Shares as are linked to the Units.
Extent of prescribed officer’s interest:        Direct beneficial
Clearance to deal obtained:                     Yes


Name of director:                               Sean Jagoe
Company:                                        Ceramic Industries Proprietary Limited, a major subsidiary.
Nature of transaction:                          Sale of shares on market
Class of securities:                            Ordinary shares
Date of transaction:                            3 September 2021 6 September 2021 8 September 2021
Number of securities:                           118 000             93 057                88 943
Volume weighted average price per
security:                                       R16.8443             R16.7556              R16.8468
Lowest selling price:                           R16.75               R16.75                R16.75
Highest selling price                           R16.97               R16.78                R16.90
Total value:                                    R1 987 632.84        R1 559 226.99         R1 498 408.86
Extent of director’s interest:                  Direct beneficial
Clearance to deal obtained:                     Yes



Johannesburg
9 September 2021

Sponsor
Merchantec Capital

Date: 09-09-2021 02:59:00
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